US companies unveil Iraq investments before premier's White House visit
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Thursday
August 18, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
THURSDAY, AUGUST 18, 2022
US companies unveil Iraq investments before premier's White House visit

World+Biz

Reuters
20 August, 2020, 11:00 am
Last modified: 20 August, 2020, 11:05 am

Related News

  • White House pushes three-part plan for abortion rights
  • How could the new US corporate minimum tax affect companies?
  • Lightning strike near White House kills three people
  • White House lobbies Democrats against bid to deepen Taiwan ties
  • White House says Russia laying groundwork to annex Ukraine territory

US companies unveil Iraq investments before premier's White House visit

The agreements were signed following a meeting of the Iraqi ministers of oil and electricity and Brouillette as well as a roundtable in Washington on Wednesday with the Iraqi prime minister and the US energy industry

Reuters
20 August, 2020, 11:00 am
Last modified: 20 August, 2020, 11:05 am
FILE PHOTO: Iraqi Prime Minister, Mohammed Tawfiq Allawi delivers a televised speech in Baghdad, Iraq February 19, 2020. Iraqi Prime Minister Media Office/Handout via REUTERS
FILE PHOTO: Iraqi Prime Minister, Mohammed Tawfiq Allawi delivers a televised speech in Baghdad, Iraq February 19, 2020. Iraqi Prime Minister Media Office/Handout via REUTERS

Five US firms including Chevron Corp (CVX.N) signed agreement on Wednesday with the Iraqi government aimed at boosting Iraq's energy independence from Iran as the Iraqi prime minister prepared to make his first visit to the White House on Thursday.

The US Department of Energy in a statement said that Honeywell International Inc (HON.N), Baker Hughes Co (BKR.N), General Electric Co (GE.N), Stellar Energy and Chevron signed commercial agreements worth as much as $8 billion with the Iraqi ministers of oil and electricity.

Prime Minister Mustafa al-Kadhimi is set to visit the White House for the first time on Thursday and as the Iraqi economy has been hammered by coronavirus lockdowns and low oil prices. Protests that began last year led to the resignation of cabinet officials and later to the departure of the former prime minister.

"These deals are key to Iraq's energy future, and I am confident that the same companies that have empowered the United States to become energy independent will deploy their deep expertise to help Iraq achieve its full potential in the energy sector," US Energy Secretary Dan Brouillette said in a statement.

The agreements were signed following a meeting of the Iraqi ministers of oil and electricity and Brouillette as well as a roundtable in Washington on Wednesday with the Iraqi prime minister and the US energy industry.

A senior administration official, briefing reporters separately ahead of the Energy Department statement, said officials would discuss national security issues in addition to economic collaboration.

iraq PM / US companies / premier visit / White House

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Eight more banks make unusual gains from forex dealings
    Eight more banks make unusual gains from forex dealings
  • The general view of the city from the top of a hill in Kabul, Afghanistan November 5, 2021. REUTERS/Zohra Bensemra
    Huge explosion hits Kabul mosque, many casualties feared
  • Photo: TBS
    9 arrested over BRT girder crash

MOST VIEWED

  • The general view of the city from the top of a hill in Kabul, Afghanistan November 5, 2021. REUTERS/Zohra Bensemra
    Huge explosion hits Kabul mosque, many casualties feared
  • WHO Director General Tedros Adhanom Ghebreyesus. Photo/BSS
    WHO chief: 'Colour of skin' may be why Tigray crisis not getting attention
  • A person eats a sandwich in hot weather during lunch hour in the financial district of Canary Wharf in London, Britain, July 15, 2022. REUTERS/Kevin Coombs/File Photo
    Global shares fall, US Treasury yields rise ahead of Fed minutes
  • FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 17, 2019. REUTERS/Brendan McDermid
    Wall St falls as growth stocks slide, Target weighs on retail shares
  • One US dollar banknote is pictured through broken glass in this illustration taken June 25, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
    US, European banks could lose over $5 bln from risky buyout loans
  • A Taliban Air Force plane flies over Kabul, Afghanistan August 17, 2022. REUTERS/Ali Khara
    Taliban test repaired helicopters, planes in flyover of capital

Related News

  • White House pushes three-part plan for abortion rights
  • How could the new US corporate minimum tax affect companies?
  • Lightning strike near White House kills three people
  • White House lobbies Democrats against bid to deepen Taiwan ties
  • White House says Russia laying groundwork to annex Ukraine territory

Features

Photo: Collected

Which Nintendo Switch should you switch to?

1d | Brands
Photo: Collected

Welcome to the age of glass facades

1d | Habitat
Photo: Mumit M/TBS

Why artificial oyster reefs are the answer to our coastal embankments problems

1d | Panorama
Illustration: TBS

Anwar Group: From comb maker to owner of 20 companies

1d | Panorama

More Videos from TBS

Vivo to bring new phone with 'special features'

Vivo to bring new phone with 'special features'

8h | Videos
Can Bangladesh buy fuel oil from Russia?

Can Bangladesh buy fuel oil from Russia?

8h | Videos
Sony launches 'Playstation Backbone' for iPhones

Sony launches 'Playstation Backbone' for iPhones

9h | Videos
High cost of baby food a problem for people with limited income

High cost of baby food a problem for people with limited income

10h | Videos

Most Read

1
From left Afzal Karim, Murshedul Kabir and Mohammad Jahangir
Banking

Sonali, Agrani and Rupali banks get new MDs

2
Photo: TBS
Bangladesh

5 crushed to death as BRT girder falls on car in Uttara

3
Russia now offers Bangladesh finished oil
Energy

Russia now offers Bangladesh finished oil

4
Photo: Collected
Economy

Bangladesh is not in a crisis situation: IMF

5
Dollar price drops by Tk8 in kerb market
Economy

Dollar price drops by Tk8 in kerb market

6
Banks limited to profit highest Tk1 per dollar
Economy

Banks limited to profit highest Tk1 per dollar

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]